The U.S. economy faces mounting headwinds. Here are the biggest risks.

September 14, 2026 / 1:48 PM EDT / CBS News

The U.S. economy has remained resilient over the past two years despite a slowing labor market, trade wars and resurgent inflation, but economists are now warning that a convergence of new and lingering threats could test its strength.

The "worry list is growing more worrisome," Ed Yardeni, president and chief investment strategist of Yardeni Research, wrote in a Sept. 14 report.

While the U.S. economy continues to expand and American consumers are still spending, a number of risks are emerging that could weigh on economic growth and derail the stock market, which has fueled a wealth boom. The Iran war shows no signs of ending, while renewed attacks in the Strait of Hormuz and the Red Sea have pushed oil prices to a four-month high. U.S. diesel prices hit a new record high of $6.23 a gallon on Monday, AAA data shows.

"There is no shortage of worries for investors in the current environment," Yardeni said. "The list includes higher oil prices amid escalating tensions in the Middle East, rising bond yields around the world, sticky inflation, and a Federal Reserve that will likely deliver a [0.25 percentage point] rate…

Original source: https://www.cbsnews.com/entertainment/